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ASB Grows Profit 1% as Lending and Housing Support Drive Recovery
8:49am on Monday 2nd of June, 2025 AEST
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Banking
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ASB Grows Profit 1% as Lending and Housing Support Drive Recovery
8:49am on Monday 2nd of June, 2025 AEST
Key Points
Cash NPAT up 1% to $716 million for H1 2025
Operating income rose 4%, driven by lending growth and interest rate hedging
Home lending increased 5%, business and rural lending up 2%
Capital ratio strengthened to 16.3% with $700 million additional shareholder investment
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Commonwealth Bank of Australia (ASX:CBA)
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